Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday December 30, 2015

Apple Agrees To Pay Italy $347 Million In Back Taxes

Hold on a second! I thought all this talk about having to pay back taxes was, and I'm quoting Tim Cook, "total political crap." roll eyes (sarcastic)

Apple has agreed to pay آ€318m (آ£234m) to settle a tax dispute with Italian authorities after the iPhone and iPad maker was investigated for suspected fraud, the country’s tax agency has confirmed. The US technology giant’s Italian subsidiary and several of its senior executives had been under investigation for fraud over its alleged failure to comply with obligations to declare its earnings in Italy between 2008 and 2013.